Hyster Yale (FRA:HYEA) Cyclically Adjusted PS Ratio: 0.13 (As of Sep. 15, 2026) — 35% Below Median

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FRA:HYEA Hyster Yale Inc FRA:HYEA
70 GF Score
Price €28.40
GF Value €31.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hyster Yale Cyclically Adjusted PS Ratio?

Hyster Yale FRA:HYEA -2.07% 70 Cyclically Adjusted PS Ratio is 0.13 as of Sep. 15, 2026, which is 35% below its 10-year median of 0.20. GuruFocus rates FRA:HYEA with a GF Score™ of 70/100 and a GF Value™ of €31.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 172 Farm & Heavy Construction Machinery companies, Hyster Yale ranks better than 93.6% on this metric.

As of today (2026-09-15), Hyster Yale's current share price is €28.40. Hyster Yale's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €211.33. Hyster Yale's Cyclically Adjusted PS Ratio for today is 0.13.

The historical rank and industry rank for Hyster Yale's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:HYEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.2   Max: 0.38
Current: 0.14

During the past years, Hyster Yale's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.10. And the median was 0.20.

FRA:HYEA's Cyclically Adjusted PS Ratio is ranked better than
93.6% of 172 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.09 vs FRA:HYEA: 0.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Hyster Yale's adjusted revenue per share data for the three months ended in Jun. 2026 was €39.032. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €211.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyster Yale  (FRA:HYEA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hyster Yale Cyclically Adjusted PS Ratio Related Terms


Hyster Yale Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hyster Yale's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hyster Yale Cyclically Adjusted PS Ratio Chart

Hyster Yale Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.13 0.29 0.24 0.13

Hyster Yale Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.15 0.13 0.13 0.14

FRA:HYEA vs WNC, CMCO, MTW: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Hyster Yale's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hyster Yale Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster Yale's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hyster Yale's Cyclically Adjusted PS Ratio falls into.


FRA:HYEA
70GF Score
Hyster Yale Inc FRA:HYEA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hyster Yale Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hyster Yale's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.40/211.33
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hyster Yale's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hyster Yale's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=39.032/333.9520*333.9520
=39.032

Current CPI (Jun. 2026) = 333.9520.

Hyster Yale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.301 241.428 47.446
201612 38.935 241.432 53.855
201703 40.613 243.801 55.631
201706 37.746 244.955 51.460
201709 35.631 246.819 48.210
201712 41.044 246.524 55.600
201803 38.709 249.554 51.800
201806 38.740 251.989 51.341
201809 40.546 252.439 53.638
201812 44.277 251.233 58.855
201903 44.080 254.202 57.909
201906 45.603 256.143 59.456
201909 41.168 256.759 53.545
201912 44.954 256.974 58.420
202003 42.485 258.115 54.968
202006 35.382 257.797 45.834
202009 33.239 260.280 42.647
202012 35.907 260.474 46.036
202103 36.094 264.877 45.507
202106 37.695 271.696 46.332
202109 37.735 274.310 45.940
202112 43.143 278.802 51.677
202203 43.784 287.504 50.858
202206 49.695 296.311 56.008
202209 49.292 296.808 55.461
202212 56.395 296.797 63.455
202303 54.105 301.836 59.862
202306 57.899 305.109 63.372
202309 52.852 307.789 57.345
202312 54.383 306.746 59.206
202403 55.333 312.332 59.163
202406 61.442 314.175 65.310
202409 52.104 315.301 55.186
202412 56.175 315.605 59.441
202503 48.690 319.799 50.845
202506 47.668 322.561 49.351
202509 47.289 324.800 48.621
202512 44.734 324.054 46.100
202603 38.140 330.213 38.572
202606 39.032 333.952 39.032

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.13 mean?
Hyster Yale (FRA:HYEA) has a Cyclically Adjusted PS Ratio of 0.13 as of Sep. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hyster Yale and its competitors. This is 35% below median its historical median of 0.20. Over the past decade, Hyster Yale's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.38. According to the industry distribution chart, Hyster Yale ranks #11 out of 172 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 6.4%.
Is Hyster Yale's Cyclically Adjusted PS Ratio too high?
Hyster Yale's current Cyclically Adjusted PS Ratio of 0.13 is 35% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.38. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.09. Hyster Yale's value of 0.13 is 88.1% below this industry median. Based on the distribution chart, Hyster Yale ranks #11 out of 172 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Hyster Yale has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hyster Yale's Cyclically Adjusted PS Ratio compare to WNC and CMCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hyster Yale ranks #11 out of 172 companies for Cyclically Adjusted PS Ratio. This places Hyster Yale in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.09. Hyster Yale's value of 0.13 is 88.1% below this benchmark. Historically, Hyster Yale's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.38 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.09, Hyster Yale has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.09, based on 172 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hyster Yale's current Cyclically Adjusted PS Ratio of 0.13 is 88.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hyster Yale and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyster Yale's current Cyclically Adjusted PS Ratio is 0.13, which is 35% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyster Yale stock overvalued right now?
Based on GuruFocus' analysis, Hyster Yale (FRA:HYEA) is currently considered Modestly Undervalued. The stock's GF Value™ is €31.68, compared to a current price of €28.40 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is 35% below median its 10-year median of 0.20 and 88.1% below the Farm & Heavy Construction Machinery industry median of 1.09. Hyster Yale's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hyster Yale (FRA:HYEA), the current Cyclically Adjusted PS Ratio is 0.13 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hyster Yale (FRA:HYEA) Overvalued in 2026?

Based on GuruFocus' analysis, Hyster Yale stock appears to be undervalued. The current stock price of €28.40 is trading 10.4% below its estimated GF Value™ of €31.68. GuruFocus considers Hyster Yale to be Modestly Undervalued.

Key valuation signals for FRA:HYEA:

  • Cyclically Adjusted PS Ratio: 0.13 (35% below median its 10-year median of 0.20)
  • GF Value™: €31.68 vs. price of €28.40 (10.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 88.1% below the Farm & Heavy Construction Machinery median (#11 of 172)

No single metric tells the full story. See the FRA:HYEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hyster Yale Business Description

Other Exchanges HY:USA
Address 5875 Landerbrook Drive, Suite 300, Cleveland, OH, USA, 44124-4069
Hyster Yale Inc designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, aftermarket parts, and technology solutions marketed globally under the Hyster and Yale brand names. The company has four segments, which include three in the lift truck business as discussed below, as well as Bolzoni S.p.A. (Bolzoni). The majority of its revenue is generated from Lift Trucks. Geographically, it operates in America, EMEA, and JAPIC regions, of which maximum revenue is generated from its business in America, which includes lift truck operations in the U.S., Canada, Mexico, Brazil, and Latin America.
70GF Score

Get the complete analysis for FRA:HYEA

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.40
Price
€31.68
GF Value